Repsol Norge has awarded Archer Ltd. a four-year contract for plugging and abandonment (P&A) operations at the company’s Gyda platform in the Southern North Sea. Gyda. Image from Repsol. The scope of work includes P&A of the wells…
Marathon Oil has renewed a contract for work on its three Brae platforms in the North Sea with Aberdeen-based oilfield equipment firm Archer. The contract for platform drilling, maintenance and engineering services was first signed in 1993…
C6 Technologies, an oilfield technology company offering new solutions for well intervention and conveyance utilizing composite materials, is performing field trials on its new ComTrac system after extensive test well runs. C6 Technologies – a joint venture by Archer Ltd…
Archer Oiltools, a provider of solutions for well integrity and well performance, has released the SPARTAN plug family, designed to help operators deliver safer wells, boost operational efficiency and reduce costs. Driven by customer demand and industry challenges…
Weatherford International has appointed Christoph Bausch as executive vice president and chief financial officer (CFO), effective 13 December 13. Bringing many years of financial and operational management experience, Bausch joined the…
Atwood Oceanics is to delay delivery of two new ultra-deepwater drillships being built by two years. The drillships are being built at by Daewoo Shipbuilding & Marine Engineering (DSME). Atwood agreed with DSME to take delivery of the two drillships…
Oil services company and well integrity specialist Archer has launched the Point system, a well integrity resource that combines Archer’s experience and its proactive and systematic approach to integrity management. The Point system…
Archer has been awarded a five-year contract by ConocoPhillips for the provision of mechanical wireline services for the Norwegian Continental Shelf. The contract was awarded following a competitive tender process for ConocoPhillips’ well intervention services in Norway…
Statoil has has extended its drilling contracts with KCA Deutag, Odfjell Drilling and Archer for services on its platforms on the Norwegian continental shelf. The contract options, based on contracts initially awarded in 2012, were exercised…
Archer (UK) announced the award of a three-year contract with two, two-year extension options, for the provision of platform drilling services for Talisman Sinopec Energy UK. The contract, which is scheduled to commence on 1 November 2015…
Statoil received consent from the PSA to drill a new production well from the Heimdal facility. The well is to be drilled using a modular drilling rig (MDR). An MDR is a modular mobile rig installed in the facility's drilling area. One has been used for permanent plugging of wells at Heimdal…
Apache has exercised the first of two options to extend its existing contract with Archer for the provision of platform drilling services for one year. 'We are very pleased to have been awarded this contract extension. It is excellent…
UK-based drilling specialist Archer reported a 22.5% drop in 2Q 2015 that will lead to cutting 700 jobs in its global workforce. Image from Archer. Revenue for 2Q was US$388…
SOCAR-AQS signed a joint venture (JV) agreement with Archer Assets UK and Nobel Oil Services to establish Oğuz Drilling, a new platform drilling company in Azerbaijan, with a focus on the Caspian Sea. With support from SOCAR-AQS, Archer and Nobel Oil Services…
Archer began to permanently plug and abandon (P&A) 12 gas wells on Statoil’s Heimdal platform in the Norwegian North Sea using its newest rig. The Archer Topaz modular rig. Photo from Archer. The…
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